$Extra Space Storage Inc (EXR.US)$ 🎯 April 16, 2024, the cu...

New data: In Q3 2023 and Q4 2023, revenue and operating profit continued to grow.

In 2023, revenue increased by 33.1%, operating profit increased by 19.2%, and net profit attributable to shareholders decreased by 6.7%. Net asset per share increased significantly by 1.8 times, which should be due to acquisitions.

From 2019 to 2022, net asset per share increased from 19.61 to 24.34, with an average annual growth rate of 7.5%. The current dividend yield is 4.8% and the P/B ratio is 2. Let's observe the long-term impact of the acquisition.